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Volkswagen Of America CEO Grilled In Congress Over Emissions Scandal - Live Webcast
What may be the worst month in Volkswagen's corporate history is about to get a cherry on top, when the CEO of Volkswagen of America CEO Michael Horn is set undergo the Kangaroo Court treatment, when he testifies before a House Energy and Commerce subcommittee investigating last month's admission the company had installed on-board computer software designed to cheat on government emissions tests in nearly 500,000 of its four-cylinder "clean diesel" cars starting with the 2009 model year.
According to ABC, an advance copy of Horn's prepared remarks provided to the committee Wednesday revealed VW's plans to withdraw applications seeking U.S. emissions certifications for its 2016 model Jettas, Golfs, Passats and Beetles with diesel engines. That raised questions about whether a so-called "defeat device" similar to that in earlier models is also in the new cars.
By withdrawing the applications for the 2016 models, VW is leaving thousands of diesel vehicles stranded at ports nationwide, giving dealers no new diesel-powered vehicles to sell. It wasn't immediately clear when VW would refile its application, but Horn's testimony said the company is working with regulators to get certification.
In other words, the massive "channel stuffing" car parking lots previously observed in the vicinity of major US ports are about to get even bigger.
More on today's hearing:
Thursday's appearance will be the first on Capitol Hill by Horn, a 51-year-old German and veteran VW manager who took the reins of the brand's American subsidiary last year. He is expected to face blistering questions about when top executives at the company first learned of the scheme.
Horn will tell Congress he only learned about the cheating software "over the past several weeks," VW spokeswoman Jeannine Ginivan told The Associated Press Wednesday. He will also echo prior statements by the company's global chief executive apologizing for the cheating.
The agenda for today's hearing is as follows:
Panel I
Michael Horn
President and Chief Executive Officer
Volkswagen Group of America
Witness Testimony
Panel II
Christopher Grundler
Director
Office of Transportation and Air Quality
Office of Air and Radiation
Witness Testimony
Phillip Brooks
Director
Air Enforcement Division
Office of Enforcement and Compliance Assurance
U.S. Environmental Protection Agency
The live webcast from the hearing is below:
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Volkswagen should change its name to ChoomWagon. ;-)
Looney
shit show , you knew that was coming lol
thats what we are good at
Cue the congress critter phony outrage.
Am I the only one who clicked on the article expecting to see a Michael Horn "Grilled" cheese sandwhich? Nice click bate Tyler!
"WHAT DIFFERENCE DOES ANY OF IT MAKE AT THIS POINT???!!!"
[Jeeez... you'd think an ambassador died or something...]
You'd think a high ranking official in the State Dept. used a private email server to send/receive classified material, then wiped it with cheesecloth...or something.
What is worse - the foul stench and destructive emissions from the US Congress or a few ppm extra from internal combustion engines?
I say, seal up the congress and senate buildings and let them all die from their own noxious emissions.
I'm buying a VW TDI - maybe 2.. Fukem. Fukem all stupe fukn gubmint Azzhoes.
Can congress pay for some carbon credits to offset all the hot CO2 that will be expended from their mouths over this?
GM-Obola-UAW kills almost 150 people with bad ignitions and nary a peep.
If Congress was sincere about cutting emissions, they would have funded the Stan Meyer HHO Zero Emissions technology whose US Patents expired in 2008. Steven Greer put such a proposal on the desk of every congressional representative, so they can not say they don't know about this. Their only excuse for not supporting this Zero Emission technology is that they are owned by the criminals who have suppressed it.
Yes please. Silence is golden. Duct tape is silver.
Hope they remembered the onions & bell peppers. Grilling just ain't the same without 'em. And about a bottle full of hypocrisy along with it...
Here in michigan we cut off our catalytic converters put in straight pipes and sell them for scrap.
and sell them for crack.
FIFY
The result of VW investing in Russia...
https://www.rt.com/business/314820-volkswagen-russia-engine-plant/
He got grilled?
I didn't know they have BBQ's in congress.
grilling is grilling and bbq is bbq... don't confuse the two, in Texas them's fightin' words...
We grilled some folks.
Now's about a good time for the Hausfrau to grow a set and put away the worries about sex toys & spy agenices for sake of saving her own country from instant vaporization, and re-building relationships with nations who want to work together as opposed to that other nation whose existence depends upon endless regime-changes, color-revolutions, various & sundry overthrows, etc...
$2350 is all it costs to renounce citizenship from this land of brainwashed, coddled lemmings. Then you can drive a TDI without worries; it will achieve 50 or more M.P.G. with no visible exhaust and it will hold its value.
So how many platinum based catalytic converters have to be fabricated? Bullish Pt
Well yeah, with software you can do something about everything..to include cars that "virtually" don't pollute:) Watch the Quants of Wall Street documentary to find out how this works...Mike Osinski who created the software that all the banks abused for sub prime loans tells you exactly how it is. By the way, pay attention to the stress of the Quants who write this code..as Quant Paul Wilmott says "the quants are the boss". Quants create the cheating model and subsequent code. A group of IT folks implements it.
http://ducknetweb.blogspot.hk/2012/09/quants-alchemists-of-wall-street-video.html
So, don't like your health insurance policy? Well guess what, tons of armies of quants now work at health insurers that used to work at banks, hedge funds, etc, same stuff going on over there. Now Obama has nominated one big huge quant, names Andy Slavitt, who's also a former Goldman banker to run CMS. Tell your senators to say no on the confirmation. The quants are the business so get this one out of CMS.
http://ducknetweb.blogspot.com/2014/10/data-scientistsquants-in-health.html
Is this the time to buy VW stock on the dip?...Very Well..
What will happen is that Volkswagon will offer customers a recall to get a software fix that will leave the emissions equipment turned on at all times (it did pass when it was turned on during testing). The first customers to get the fix will complain about a 20% drop in mileage and power, so the remaining customers will skip the fix!
Volkswagon will point the blame at the guy that got fired (with a golden parachute), pay a fine equal to one hour of government spending, Congress will get its 'defender of global warming' sound bites, and life will go on.
Good luck getting those vehicles re-registered without the pollution fix.
How do you enforce this? Who is going to enforce it? A checkbox on some form? Afadavit from VW to DMV...as if lines aren't already long enough? What about the millions of other cars from other manufacturers that are doing the same thing?
Why would I want a 20% drop on mileage and power? Queue black market for VW TDI smog paperwork.
If it can be reprogrammed, it can be....reprogrammed.
Pretty soon, there will be an app to switch between good & evil pollution settings on the fly. Approaching a toll booth that has sniffers -- set it to good until you're through, then back to evil.
If congress grills him as diligently as they did the bank CEOs and the feds then he's got no problems.
This is different. Bank CEO's loan them money with which to buy votes. VW is undermining their system.
I don't know what really happened at VW but this is one possible scenario and I just don't see them being able to fix the issue.
Fact: VW engineers build engines that cannot pass the emission tests mechanically. Software engineers fix the issue by cheating the tests.
Scenario: VW engineers now needed to build an engine that can not just pass the emission test but beat the "performance" of the cheating software. So did they stop trying to design an engine that could beat the cheating enginess? If they replaced the cheat engines with engines that could meet the emissions but not provide the performance of the cheat engines people would have said WTF.
Has VW been saving millions of dollars on engine design because they had the cheat? Can they design an engine to meet the emissions by January 2016? Stay tuned.
VW, BMW and M-Bz jointly came up with the clean diesel tech, but it was very expensive and required the regular addition of diesel additive fluid (or refined urea) to keep the emissions clean. That's not much of an issue when the vehicles sell for upwards of $50K but at the $25K level, it's a sales-killer. So VW only kept the clean diesel tech on their luxury vehicles and went with the good/evil switch on the econoboxes.
Grill em then flip him over and grill him somemore.
So he knew about the fraud but covered it up for 18 months? As bad as China is, they would still fry this guy fast and put him behind bars for 5-10 years minimum. He's lucky he is in Merica, the Land where No Big Wig goes to jail.
If Volkswagen had been smart, they would have just wiped their email servers. ;)
Comrades! Driving a car that gets 50+ M.P.G. is Anti-Semitic! Shalom bitchez.
VLKAY, POAHY, screaming buys here. Mr. Market doesn't hand out oppportunities like this often.
Come on VW, dig deep until you find some of your nazi roots, and grow some balls.
Who the fuck is the EPA to regulate your company by corporate policy? Challenge congress, and refuse to sell cars to California.
For sure I will never buy another VW. Half their dealer will close if this get much worst.
Did anyone else get Corzine flashbacks. Horrible wasn't it!
How nausiating was it to hear these smucks crying about their grandchildren's asthma like it was VWs fault. Fuck off.
Wow, congrats Congress, didn't know you could act that fast in bringing in the perps for questioning. How come its take decades to bring in the Bankster/FED Crime cartell? OOOps, could it be just like ISIS, your're a sponsor of it?
The class action lawsuits are piling up https://steinmeyerlaw.com/volkswagen/